Ausmex Mining Group Limited in Sydney, Australia | Mining company

Ausmex Mining Group Limited

Locality: Sydney, Australia

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• Commercial and industrial
• Mining company

25.01.2022 We are excited to announce that we have raised an oversubscribed share amount equal to 7Million AUD in placement. These funds will secure the fast tracking of our Tier 1 IOCG Target drilling program in the Cloncurry region. #amg #ausemx #mining

24.01.2022 https://stockhead.com.au//the-explorers-matt-morgan-on-ho/ We dont know any other $30m market cap company that can offer this much potential uplift. Ausmex (AMG.ASX)

24.01.2022 Drilling program has commenced at Ausmex (AMG.ASX) sites in the Cloncurry region of Queensland. We look forward to the results!

24.01.2022 MT confirms exciting drill targets at Mullaby Prospect, Burra South Australia - 2D inversion modelling of 1km spaced MT/AMT data identifies three conductive structures at Mullaby Prospect, Burra SA (Figure 1). - Mullaby Prospect is a discrete magnetic anomaly associated with a prominent demagnetised NNW-SSE lineament (Figure 2). - 3D modelling of magnetic data shows a south plunging body correlating with the conductive structures and extending to depth (Figure 3). - Historic ...drillhole MUL1, drilled by M.I.M in 1999, failed to reach the conductive target (Figure 1). - A 1000m RC drilling program to test the conductive structures is scheduled at Mullaby for mid-December. This program will follow on from the Princess Royal drilling program (ASX-AMG Announcement 26/11/19)...read the full market release here: https://www.asx.com.au/asxp/20191202/pdf/44c68zp4fmw89r.pdf

24.01.2022 Exciting times! AMG has appointed its existing Director, Geoff Kidd, to the position of Executive Director and as its new Chief Operating Officer (COO). The appointment follows a strengthening of the companys management structure as it progresses with its Studies, Engineering & Contracting through the vital stages in the development of the Mt Freda Complex in Cloncurry, Queensland. Read the full market release here: https://www.asx.com.au/asxp/20191119/pdf/44bq1z6jgpjmyn.pdf

23.01.2022 Share price update. Morningstar reports amg.asx as an undervalued share. Current reports as at 28th November report fair value as 11c per share.

23.01.2022 " There's alot of Gold around. And I am amazed on what I see on the ground." - Rhys Davies Project Geoligist. And he was right. Drilling results confirm huge finds at AUSMEX JV mining sites. Symbol AMG.asx trading on the ASX.

23.01.2022 Massive anouncement Gold assays up to 8.00 g/t Gold, 1,100 ppm Cobalt and 1.43% Copper. Drill hole LD18RC006 finished at 132 m in mineralisation, with the last 5m @ 1.42 g/t Gold found at Ausmex ( AMG.ASX) property. The Golden Mile is certianly delivering on its namesake.

22.01.2022 Price sensitive announcement The Graphitic Black Shale shear zone has the potential to host significant copper, gold and cobalt mineralisation radiating from the massive Tier 1 IOCG prospect shared with Newcrest Mining Limited. Grades of up to 35.4 grams per tonne have been discovred at sites. Consult your stockbroker for the ability to purchase AMG shares listed on the ASX

21.01.2022 NEWCREST MINING LTD CONTINUE WITH THE EXCO CANTEEN JV - A TIER 1 IOCG DEPOSIT SHARED WITH THE AUSMEX CONTROLLED MT FREDA COMPLEX

21.01.2022 We are pleased to announce the divestment of the non-core asset Gilded Rose project for a total consideration of $4,000,000. The project is being acquired by ASX Listed Company PepinNini Lithium Limited (ASX:PNN) and the divestment is subject to a number of conditions, including completion of satisfactory due diligence, approval by PNN’s shareholder (including for a proposed capital raising by PNN) and negotiation and execution of formal transaction documents. The total cas...h consideration includes $3,000,000, with $1,500,000 to be received by completion, including the $100,000 non-refundable option fee (with $20,000 payable immediately and $80,000 on completion of due diligence), together with an additional $1,000,000 in listed shares on completion. The cash payment combined with the current working capital in hand will provide the Company with adequate funding to progress the Mt Freda Complex, whilst simultaneously progressing the Golden Mile Mining Lease application, as well as additional drilling program at the exciting Burra Copper and Gold project in South Australia. The Company is targeting September 2020 gold production from the Mt Freda Complex. The Company has an agreement with Round Oak Minerals Pty Ltd (100% Subsidiary of Washington H Soul Pattinson & Company Limited) where all ore from the Golden Mile Joint Venture must be processed at the Great Australian Mine 650 ktpa Gold CIP plant in Cloncurry. The Board of Ausmex Mining Group Limited has approved this announcement. For more information please contact Managing Director Matt Morgan: [email protected]

20.01.2022 DRILLING RECOMMENCES AT TRUMP PROSPECTMETALLURGICAL TESTWORK AT MT FREDA UP TO +97% GOLD RECOVERIES - https://mailchi.mp//drilling-recommences-at-trump-prospect

19.01.2022 Drilling Intersects Shallow "ISCG" Style Mineralisation - https://mailchi.mp//drilling-intersects-shallow-iscg-style

18.01.2022 Ausmex featured on Channel 9 News about our latest discovery in the Cloncurry region. Professor Ken Collerson & MD Matt Morgan (AMG):ASX discuss the latest findings about the potential IOCG target and what a big opportunity this will be for Queensland. The share market agrees and we are excited what the next few months hold for the company.

18.01.2022 We find that there is a region of very high electrical conductivity at a depth of 1-5 km below Burra, this extends to the south towards Kapunda in a relatively narrow band. The electrically conductive structures appear to bridge to the surface near Burra. Although we dont know exactly what causes the high conductivity, the presence of sulphide minerals that often are concentrated along the hinge lines of major folded structures is a major candidate, stated Professor Heinson. Sulphide minerals are the major source of precious metals across the globe, including, but not limited to gold, silver, platinum, cobalt copper and zinc. Consequently, this electric conductivity discovery comes as exciting news to researchers and miners alike.

17.01.2022 We are celebrating latest drilling results that are giving grades of up to 20/g per tonne. The phones have not stopped ringing today.

16.01.2022 Newscrest Mining Confirms Release. Ausmex to drill two holes into massive Tier 1 IOCG target at Mt Freda Complex In Cloncurry, QLD . Share price increases, see your broker about purchasing AMG.ASX https://www.asx.com.au/asxp/20181119/pdf/440dtb4yjv9c2j.pdf

16.01.2022 Professor Ken Collerson, Discusses find at Cloncurry Region for Ausmex (AMG.ASX) . It is our hope to breathe new life and create jobs for the Cloncurry area. Latest release at https://www.asx.com.au/asxp/20190314/pdf/443gptsbqlwyd0.pdf

15.01.2022 "Ausmex fast track to gold production" story was featured on the Australian Financial Review yesterday." Read the full article here: https://ausmexgroup.com.au/ausmex-fast-tracks-gold-product/

14.01.2022 We are excited to release that Ausmex is going for #gold #Ausmex is exploring the enormous potential of the golden mile. #mining #asx .

14.01.2022 Initial drilling results show metal anomalisim. AUSMEX will continue to drill site to show further mineralisation.

14.01.2022 Princess Royal Drilling Update: PRE-COLLAR ASSAY RESULTS INDICATE POTENTIAL LARGE ULTRA MAFIC MINERAL SYSTEM Ausmex Mining Group Limited is pleased to update shareholders on initial drilling results at Princess Royal Prospect, located approximately 15 km south of Burra township, (Figure 3). Independent Expert Emeritus Professor Ken Collerson was recently engaged to review multi-element assay data from the first two RC pre collar drill holes (BURC0011 and BURC0012) to assess ...the potential source of the conductive anomalies (MT flares) identified in the Companys AMT magnetotelluric survey at Burra. (Refer ASX release 26th November 2019 for more details on AMT results), The full independent Report including assays is contained in the Appendices below. RC pre collar holes BURC0011 and BURC0012 were drilled to a maximum of 246 m as preparation for deeper diamond core drilling targeting the AMT conductive zones. Seven RC pre collar holes totalling 1,562 m, have been completed for a deeper diamond drilling campaign into the Princes Royal conductive targets, with additional pre collar assays recently dispatched to ALS in Adelaide for analysis (Figure 2 & Table 1). To read the full market release including Emeritus Professor Ken Collerson's findings (full independent report), please go to: https://www.asx.com.au/asxp/20200213/pdf/44f1smv7rnss6k.pdf

14.01.2022 Drilling results from latest release 29th November.

13.01.2022 This is exciting news. Confirmation on our initial explorations. Independent Expert Emeritus Professor Kenneth D Collerson (PhD., FAusIMM) has presented findings validating the significance of a large IOCG (Iron Ore Copper Gold) or ISCG (Iron Sulphide Copper Gold) mineral source below the Little Duke Gold Mine, located within the Ausmex controlled Mt Freda Complex .

13.01.2022 Ausmex Mining Group (ASX: AMG) is pleased to announce the commencement of the next phase of exploration at Burra, with a 5 km spaced grid-based Survey using Audio-Magnetotellurics (AMT). This Survey will increase the data resolution from the initial regional 10 km spaced MT Survey completed in October 2018. This new AMT Survey is designed to further define from surface to a 2,000 m depth, the deposit scale conductive structures previously identified by Ausmex.

12.01.2022 Price Sensitive Announcement: Recent AMT modelling at Mullaby Prospect at Burra SA further conifrms IOCG target of up to 8km wide! More information at https://www.asx.com.au/asxp/20190429/pdf/444lxds08fj5x7.pdf

11.01.2022 Gilded Rose Gold Project Sale Update- Sale and Purchase Agreement Executed The Company is pleased to announce the divestment of the Gilded Rose project for a total consideration of $4,000,000 (Refer ASX release 20 September 2019) is progressing as planned, with the purchaser Jin Resources (HK) Limited (Jin Resources) executing a Sale and Purchase agreement (SPA), with completion due 15^th November 2019. Jin Resources is well progressed in completing its due diligence, which i...s a condition precedent to completion. The sale involves two payments, with Tranche 1 of $2,400,000 due on completion. A second Tranche 2, milestone payment of $1,500,000 is due to Ausmex immediately upon producing the first 10,000 Oz of Gold from Gilded Rose. Jin Resources have advised Ausmex that they intend to fund the purchase internally, aiming to fast track gold production at Gilded Rose. Terms include: * Total cash consideration $4,000,000 + $100,000 non-refundable option fee to conduct due diligence enquiries has been received. + Balance of $2,400,000 due on completion by 15th November 2019 * Additional $1,500,000 milestone payment paid immediately after the first 10,000 Oz of Gold Production. You can read the full announcement here: https://www.asx.com.au/asxp/20191031/pdf/44b4qxg8xhj670.pdf

10.01.2022 Ausmex shares close over 40% up. The market is becoming aware that we are sitting on something huge. Stock Code AMG.ASX (AUSMEX MINING GROUP)

10.01.2022 The market is starting to recognize our achievements !

08.01.2022 Professor Ken Collerson discusses Ausmex exploration at the Cloncurry region. https://www.youtube.com/watch?v=QMBFqmGhWac

06.01.2022 Interview with MD Matt Morgan about the latest drilling program at the Cloncurry region. We will drill over 15,000M during this campaign. https://youtu.be/Sf5rfnrqnLQ

04.01.2022 Drilling to Recommence at Burra Project, SA - https://mailchi.mp//drilling-to-recommence-at-burra-projec

02.01.2022 Breaking News : Large Conductive Plumes Spanning And Estimated 15KM Have Been Identified Below Known Copper Mineralisation At Ausmex Site At Burra South Australia (AMG.ASX)

02.01.2022 Ausmex is excited to report that conductive drill targets are confirmed at Princess Royal, Burra SA: - recently completed 200 m spaced infill MT traverse along 6,262,000mN validates conductive targets at Princess Royal Prospect, located approximately 15 km south of Burra. - 2D inversion modelling of the new data highlights three priority drill targets (Figure 1). - Gossanous outcrops identified above MT targets 1 and 2.... - Bullion Drilling Co Pty Ltd is engaged to commence a circa 2000 m RC drilling program early December 2019. Full ASX announcement: https://www.asx.com.au/asxp/20191126/pdf/44byk1vpw6qnkj.pdf

02.01.2022 Our investor presentation at 121 mining confrence in Hong Kong. This will give everyone some more insight into the properties that we control and thier potential, that is making everyone very excited!. https://www.youtube.com/watch?v=5FN6hdirJDM

02.01.2022 Mining News commenting on #ausmex recent raise. Story Below https://www.miningnews.net//investors-backing-aggressive-a

01.01.2022 Preliminary Unaudited Financial Report - https://mailchi.mp/4/preliminary-unaudited-financial-report

01.01.2022 Latest Release (ASX) Potential Tier 1 IOCG UPDATE . 3D Geophysical Modelling identifies massive >2,000m long, < 400 m wide conductive structure (the conductor),entirely on Ausmexs tenements in addition to the Tier 1 IOCG Canteen target Ausmex shares with Newcrest Mining Limited. More at https://www.asx.com.au/asxp/20190314/pdf/443gptsbqlwyd0.pdf

01.01.2022 Professor discusses monter find at Ausmex Burra site. More information below. https://www.medianet.com.au/releases/171909/